In the context of rising temperatures worldwide, the EU has committed to achieving climate neutrality by 2050, and intends to transition away from carbon-based fuels to renewable energy sources.
According to the Director-General for Climate Action Kurt Vandenberghe, one of the biggest challenges in achieving that goal is scalability, as the reliability of intermittent sources are susceptible to weather patterns and daylight hours.
The article emphasizes Eavor’s role in overcoming this challenge. Eavor-Loop™ technology, supported by the EU’s Innovation Fund, revolutionizes geothermal energy by eliminating the requirement for an underground hot water reservoir, a limitation of traditional geothermal. Unlike conventional approaches that necessitate specific geological conditions, the Eavor-Loop’s™ innovative system enables the harnessing of subsurface heat, making geothermal power accessible in almost any location on Earth, transforming it into a reliable and globally accessible energy source.
Eavor is now constructing its first commercial-scale geothermal power plant in Geretsried, Germany. In late 2026, this project is set to achieve full operational capacity. During the operation of the system, the installed capacity of the plant will be nearly 65MW of thermal energy, and 8MW of electricity, creating many new jobs in Geretsried and the surrounding region.
The article also emphasizes the significant role that this geothermal power plant will have in advancing local heating and electricity grids towards sustainability, as just 1MW has the potential to power between 400 to 900 homes annually. Notably, it is projected to prevent approximately 44,000 tonnes of CO2 emissions per year, equivalent to the carbon footprint produced by heating over 10,000 homes with a gas boiler for a year.
Furthermore, the article argues that a distinguishing factor of the Eavor-Loop™ is it’s minimal surface footprint. To eliminate risks of water contamination and seismic activity, Eavor’s drilling technology ensures no interference with aquifers or subsurface integrity.
European Commission President Ursula von der Leyen, in her 2023 State of the Union address, emphasized the importance of investing in green technologies to secure future economic prosperity, highlighting the pivotal role of industry as a key partner in the European clean transition. As a net-zero technology supported by the EU, Eavor stands as a prime example of an innovative solution driving this transition, embodying the commitment to environmental sustainability and economic prosperity.
